Cost of Living Comparison Between New York, NY and Toronto 

Indices DifferenceInfo
Consumer Prices in Toronto are 29.93% lower than in New York, NY (without rent)
Consumer Prices Including Rent in Toronto are 43.73% lower than in New York, NY
Rent Prices in Toronto are 57.88% lower than in New York, NY
Restaurant Prices in Toronto are 25.20% lower than in New York, NY
Groceries Prices in Toronto are 35.63% lower than in New York, NY
Local Purchasing Power in Toronto is 19.52% higher than in New York, NY
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
New York, NY Edit Toronto Edit Difference
Meal, Inexpensive Restaurant 25.00 $
(34.23 C$)
18.26 $
(25.00 C$)
     -26.97 %
Meal for 2 People, Mid-range Restaurant, Three-course 90.00 $
(123.23 C$)
73.03 $
(100.00 C$)
     -18.85 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 $
(13.69 C$)
8.76 $
(12.00 C$)
     -12.36 %
Domestic Beer (1 pint draught) 8.00 $
(10.95 C$)
5.11 $
(7.00 C$)
     -36.10 %
Imported Beer (12 oz small bottle) 10.00 $
(13.69 C$)
6.57 $
(9.00 C$)
     -34.27 %
Cappuccino (regular) 5.33 $
(7.30 C$)
3.45 $
(4.73 C$)
     -35.24 %
Coke/Pepsi (12 oz small bottle) 2.84 $
(3.89 C$)
1.88 $
(2.57 C$)
     -33.92 %
Water (12 oz small bottle) 2.42 $
(3.32 C$)
1.49 $
(2.04 C$)
     -38.58 %
Markets
New York, NY Edit Toronto Edit
Milk (regular), (1 gallon) 4.61 $
(6.31 C$)
8.67 $
(11.87 C$)
     +88.02 %
Loaf of Fresh White Bread (1 lb) 3.64 $
(4.99 C$)
2.27 $
(3.11 C$)
     -37.63 %
Rice (white), (1 lb) 3.49 $
(4.79 C$)
1.22 $
(1.67 C$)
     -65.15 %
Eggs (regular) (12) 3.91 $
(5.36 C$)
2.87 $
(3.92 C$)
     -26.72 %
Local Cheese (1 lb) 7.59 $
(10.40 C$)
5.26 $
(7.20 C$)
     -30.72 %
Chicken Fillets (1 lb) 7.87 $
(10.78 C$)
5.27 $
(7.22 C$)
     -32.98 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.62 $
(13.18 C$)
5.50 $
(7.53 C$)
     -42.81 %
Apples (1 lb) 2.59 $
(3.55 C$)
1.43 $
(1.95 C$)
     -44.95 %
Banana (1 lb) 1.20 $
(1.65 C$)
0.56 $
(0.77 C$)
     -53.35 %
Oranges (1 lb) 2.37 $
(3.25 C$)
1.38 $
(1.89 C$)
     -41.84 %
Tomato (1 lb) 2.78 $
(3.81 C$)
1.52 $
(2.08 C$)
     -45.36 %
Potato (1 lb) 2.10 $
(2.88 C$)
1.20 $
(1.64 C$)
     -43.04 %
Onion (1 lb) 1.81 $
(2.47 C$)
0.98 $
(1.34 C$)
     -45.86 %
Lettuce (1 head) 2.75 $
(3.76 C$)
2.19 $
(2.99 C$)
     -20.38 %
Water (1.5 liter bottle) 2.40 $
(3.29 C$)
1.48 $
(2.03 C$)
     -38.37 %
Bottle of Wine (Mid-Range) 15.80 $
(21.63 C$)
11.69 $
(16.00 C$)
     -26.04 %
Domestic Beer (0.5 liter bottle) 3.23 $
(4.43 C$)
2.25 $
(3.08 C$)
     -30.38 %
Imported Beer (12 oz small bottle) 4.18 $
(5.73 C$)
2.74 $
(3.75 C$)
     -34.45 %
Cigarettes 20 Pack (Marlboro) 15.00 $
(20.54 C$)
12.78 $
(17.50 C$)
     -14.80 %
Transportation
New York, NY Edit Toronto Edit
One-way Ticket (Local Transport) 2.75 $
(3.77 C$)
2.37 $
(3.25 C$)
     -13.69 %
Monthly Pass (Regular Price) 129.00 $
(176.64 C$)
113.93 $
(156.00 C$)
     -11.68 %
Taxi Start (Normal Tariff) 4.25 $
(5.82 C$)
3.24 $
(4.44 C$)
     -23.70 %
Taxi 1 mile (Normal Tariff) 3.00 $
(4.11 C$)
2.06 $
(2.82 C$)
     -31.44 %
Taxi 1hour Waiting (Normal Tariff) 32.50 $
(44.50 C$)
22.64 $
(31.00 C$)
     -30.34 %
Gasoline (1 gallon) 4.95 $
(6.78 C$)
5.42 $
(7.43 C$)
     +9.50 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 25,000.00 $
(34,231.88 C$)
20,448.78 $
(28,000.00 C$)
     -18.20 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 23,879.37 $
(32,697.43 C$)
18,863.09 $
(25,828.75 C$)
     -21.01 %
Utilities (Monthly)
New York, NY Edit Toronto Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 170.21 $
(233.06 C$)
120.83 $
(165.45 C$)
     -29.01 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.11 $
(0.15 C$)
0.31 $
(0.42 C$)
     +188.16 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 68.44 $
(93.72 C$)
55.57 $
(76.09 C$)
     -18.81 %
Sports And Leisure
New York, NY Edit Toronto Edit
Fitness Club, Monthly Fee for 1 Adult 105.44 $
(144.38 C$)
43.51 $
(59.57 C$)
     -58.74 %
Tennis Court Rent (1 Hour on Weekend) 37.50 $
(51.35 C$)
18.13 $
(24.82 C$)
     -51.66 %
Cinema, International Release, 1 Seat 18.00 $
(24.65 C$)
10.95 $
(15.00 C$)
     -39.14 %
Childcare
New York, NY Edit Toronto Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 2,151.51 $
(2,946.01 C$)
1,172.88 $
(1,606.00 C$)
     -45.49 %
International Primary School, Yearly for 1 Child 40,384.62 $
(55,297.64 C$)
19,385.56 $
(26,544.17 C$)
     -52.00 %
Clothing And Shoes
New York, NY Edit Toronto Edit
1 Pair of Jeans (Levis 501 Or Similar) 64.01 $
(87.65 C$)
61.71 $
(84.50 C$)
     -3.60 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 61.95 $
(84.83 C$)
36.23 $
(49.61 C$)
     -41.52 %
1 Pair of Nike Running Shoes (Mid-Range) 97.94 $
(134.11 C$)
92.26 $
(126.32 C$)
     -5.81 %
1 Pair of Men Leather Business Shoes 149.75 $
(205.05 C$)
97.68 $
(133.75 C$)
     -34.77 %
Rent Per Month
New York, NY Edit Toronto Edit
Apartment (1 bedroom) in City Centre 3,894.94 $
(5,333.25 C$)
1,585.45 $
(2,170.92 C$)
     -59.29 %
Apartment (1 bedroom) Outside of Centre 2,357.63 $
(3,228.24 C$)
1,342.81 $
(1,838.67 C$)
     -43.04 %
Apartment (3 bedrooms) in City Centre 7,445.42 $
(10,194.83 C$)
2,591.21 $
(3,548.08 C$)
     -65.20 %
Apartment (3 bedrooms) Outside of Centre 4,530.91 $
(6,204.06 C$)
2,160.13 $
(2,957.81 C$)
     -52.32 %
Buy Apartment Price
New York, NY Edit Toronto Edit
Price per Square Feet to Buy Apartment in City Centre 1,500.63 $
(2,054.78 C$)
869.68 $
(1,190.83 C$)
     -42.05 %
Price per Square Feet to Buy Apartment Outside of Centre 920.02 $
(1,259.76 C$)
665.67 $
(911.49 C$)
     -27.65 %
Salaries And Financing
New York, NY Edit Toronto Edit
Average Monthly Net Salary (After Tax) 5,880.11 $
(8,051.49 C$)
3,954.72 $
(5,415.10 C$)
     -32.74 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.25 5.13      -2.20 %
Last update: September 2022September 2022
Contributors in the past 12 months:534999